The Fair Share Report
241 Ryan St
Hillside, NJ 07205
The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.
This home's full record →Check another house →
Step 1 · Market value
Likely range $296,312 – $491,851, from 12 comparable Hillside sales in the past 18 months (home size estimated from assessor data — range widened).
Step 2 · The Director's Ratio
The state's official measure of how far Hillside assessments sit below market value — republished every October, applied town-wide. A $342,540 home should be assessed near $83,340.
Step 3 · Assessed value
Set at the last town-wide revaluation and mostly frozen since. That's $25,660 above what the ratio math suggests (30.8%).
Step 4 · The tax rate — same for every Hillside home
$3.447 Schools · 39% $1.407 County · 16% $4.044 Town · 45%
Step 5 · The bill
This home vs. every recent Hillside sale · assessed ÷ market
14%42%
Paying about right
This home's ratio lands inside Hillside's normal band. The drift hasn't singled it out — no case for a tax appeal.
The evidence · comparable sales (SR1A usable-sale records)
| Address | Sold | Price | Sq ft | Ratio |
|---|---|---|---|---|
| 1437 PARKVIEW TERR | 2025-08 | $345,000 | 1,388 | 26.6% |
| 1535 LESLIE ST | 2025-03 | $330,000 | 1,334 | 33.9% |
| 1473 CENTER ST | 2025-08 | $325,000 | 1,391 | 29.4% |
| 1318 STATE ST | 2026-01 | $310,000 | 1,388 | 33.7% |
| 370 LONG AVE | 2025-10 | $669,500 | 1,352 | 17.9% |
| 557 BUCHANAN ST | 2025-06 | $310,000 | 1,248 | 27.1% |
| 21 LOOKER ST | 2025-10 | $465,000 | 1,412 | 23.1% |
| 1141 CHURCH ST | 2026-02 | $495,000 | 1,315 | 22.7% |
| 1439 COMPTON TERR | 2025-08 | $383,000 | 1,514 | 25.0% |
| 1439 COMPTON TERR | 2025-05 | $290,000 | 1,514 | 33.0% |
| 1439 COMPTON TERR | 2025-04 | $200,000 | 1,514 | 47.9% |
| 15 HOLLYWOOD AVE | 2025-10 | $481,000 | 1,561 | 24.2% |
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